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by SovietDissident 2688 days ago
Whether he happens to be correct or not (a broken clock is right twice a day), Krugman has zero credibility. He has a Nobel Prize, so people listen to him, but the man is a dyed-in-the-wool Keynesian who takes no responsibility when his prognostications fail to materialize again and again.

Where are the specific examples, you ask? There's an entire podcast devoted to smashing his (often-contradictory) arguments: https://contrakrugman.com/

1 comments

I don't trust Krugman simply for how willing he is to jump into rabid politics. I never trust a political ideologue when it comes to intellectual matters. As it shows they are very likely to value defending their 'tribe' (and attacking the other tribe) over having an open intellectual perspective on issues.

And of all the different intellectual pursuits economists seem to have the easiest time skirting around issues when the data doesn't match their idealized worldview.